107-109 Balsam Avenue S, Hamilton, ON, L8M 3B2 - investment for sale | Listing ID X9365484

107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

MLS® # X9365484

new listing

Investment For Sale In Stipeley, Hamilton, Ontario

$2,899,000

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107-109 Balsam Avenue S, Hamilton, ON - Outdoor With Facade

107-109 Balsam Avenue S, Hamilton, ON - Outdoor

107-109 Balsam Avenue S, Hamilton, ON - Indoor

107-109 Balsam Avenue S, Hamilton, ON - Outdoor With Exterior

107-109 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom

107-109 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room

107-109 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room

107-109 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom

107-109 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen

107-109 Balsam Avenue S, Hamilton, ON - Outdoor With Deck Patio Veranda With Exterior

107-109 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Laundry Room

107-109 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Basement

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Home Insurance - TD Insurance

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Home Insurance - TD Insurance

Get a home insurance quote online for this $2,899,000 property in Hamilton

Provided by TD Insurance

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107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

$2,899,000

Property Information:

Stunning 16 unit apartment building. 5.1% cap rate with upside on all rents.10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this add value opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Priced to sell. Data room and full financials available. Showing to see ALL units will be by appointment this Sunday 29th from 10am to 1pm. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Air Conditioning: Yes
Heating Type: Hot water radiator heat
Cooling Type: Partially air conditioned
Appliances: Dryer, Refrigerator, Stove

Property Features:

Property Type: Multi-family
Irregular: Yes
Lot Depth: 45.6 Feet
Lot Frontage: 90.0 Feet
Lot Size: Bldg=90 x 45.66 FT
Zoning: DE-2

Courtesy of: MYSAK REALTY INC.

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Market Price Trends

Location of 107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 107-109 BALSAM AVENUE S , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past

31.8℃

2050

35.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 107-109 BALSAM AVENUE S , experiences 11 significant 2-day storms per year, with about 306.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 380.3mm of precipitation per year.

Precipitation Per Storm

Past

306.8mm

2050

380.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,403.38

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.9 %

High school certificate or equivalent

29.51 %

Apprenticeship trade certificate/diploma

6.01 %

College/non-university certificate

24.76 %

University certificate (below bachelor)

0.89 %

University Degree

18.94 %

Commuter

Travel To Work

By Car

74.46 %

By Public Transit

13.23 %

By Walking

7.41 %

By Bicycle

0.01 %

By Other Methods

4.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.24 %

Houses

59.76 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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